File #: ID 2020-238    Version: 1 Name:
Type: Resolution Status: Filed
File created: 6/26/2020 In control: Regular City Commission Meeting
On agenda: 9/16/2020 Final action: 9/16/2020
Title: A RESOLUTION OF THE CITY OF MARGATE, FLORIDA, APPROVING A MASTER EQUITY LEASE AGREEMENT WITH ENTERPRISE FM TRUST AND APPROVING A SERVICE AGREEMENT WITH ENTERPRISE FLEET MANAGEMENT; PROVIDING FOR SCHEDULES AND ADDENDA; PROVIDING FOR EFFECTIVE DATE.
Attachments: 1. RESOLUTION, 2. AGREEMENT - MASTER EQUITY LEASE AGREEMENT, 3. ADDENDUM - TO MASTER EQUITY LEASE AGREEMENT, 4. ADDENDUM - SELF-INSURANCE, 5. AGREEMENT - SOURCEWELL SERVICE AGREEMENT

 

TO:                     Mayor and City Commission

 

FROM:                     Cale Curtis, City Manager

 

DATE:                     September 16, 2020

 

 

Title

A RESOLUTION OF THE CITY OF MARGATE, FLORIDA, APPROVING A MASTER EQUITY LEASE AGREEMENT WITH ENTERPRISE FM TRUST AND APPROVING A SERVICE AGREEMENT WITH ENTERPRISE FLEET MANAGEMENT; PROVIDING FOR SCHEDULES AND ADDENDA; PROVIDING FOR EFFECTIVE DATE.

 

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BACKGROUND:                     In an effort to streamline fleet management, slow increasing fleet maintenance costs, and provide optimal vehicle replacement schedules, City staff is recommending entering into an agreement with Enterprise FM Trust/Enterprise Fleet Management to provide leasing as an option for future vehicle needs. 

 

 

RECOMMENDATION:                     For approval.

 

 

 

FISCAL IMPACT:                     Funding for the first year of the program, as well as the proposed schedule by department, has been included in the Fiscal Year 2021 Budget.

 

 

 

CONTACT PERSON:                     Chief Jon Shaw

                     Sergeant Kevin Stransky